The House of Representatives has uncovered 12 fake agencies and 58 bank accounts allegedly linked to Adeyemi Adeniyi, the purported Director-General of the controversial Presidential Foreign Investment Promotion Council (PFIPC).
The findings were contained in the preliminary report of the House ad hoc committee investigating the activities of the alleged government agency.
The committee declared that the PFIPC was never lawfully established and described it as a fake government institution.
Lawmakers also found that the appointment letter presenting Adeniyi as the council’s Director-General was fraudulent.
Reps uncover 12 alleged fake agencies
According to the committee, investigators discovered 12 other organisations allegedly operating under the guise of legitimate government institutions.
Among them are the FCT Investment Promotion Council, FCT Investment Promotion Agency and Public-Private Partnership, United Nations Youth Global Foundation and the Olubadan of Ibadan Foundation.
The lawmakers said the discovery raised concerns about individuals and organisations allegedly presenting themselves as government institutions while carrying out unauthorised activities.
The committee also disclosed that 58 bank accounts were allegedly linked to Adeniyi in connection with the organisations under investigation.
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Reps exonerate Gbajabiamila
Chairman of the committee, Ibrahim Sani Madaki, said the investigation had so far cleared former Chief of Staff to President Bola Tinubu, Femi Gbajabiamila, of involvement in the activities of the alleged agency.
Madaki commended Gbajabiamila for alerting authorities to the existence and activities of the purported PFIPC.
He said the former Chief of Staff’s intervention helped expose what lawmakers described as a network of organisations allegedly masquerading as government agencies.
The committee said its investigation is still ongoing, with further recommendations expected after the probe into the PFIPC and the other organisations is concluded.